Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 10/2/2017 7:05 AM
To: ron@ronhays.com



 
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We invite you to listen to us on great radio stations across the region on the Radio Oklahoma Network weekdays- if you missed this morning's Farm News - or you are in an area where you can't hear it- click here for this morning's Farm news from Ron Hays on RON.
 

  
  
Let's Check the Markets!  



OKC West is our Market Links Sponsor- they sell cattle three days a week- Cows on Mondays, Stockers on Tuesday and Feeders on Wednesday- Call 405-262-8800 to learn more.

 
   
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
  
  
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futuresclick or tap here for the report posted yesterday afternoon around 3:30 PM.
 
  
Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture on Friday, September 29th.
  
  
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network - analyzing the Futures Markets from the previous Day.
  
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
  
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
  
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.
  


  
Our Oklahoma Farm Report Team!!!!
  
Ron Hays, Senior Farm Director and Editor

Carson Horn, Associate Farm Director and Editor
  
Pam Arterburn, Calendar and Template Manager
  
Dave Lanning, Markets and Production
 
Oklahoma's Latest Farm and Ranch News

Your Update from Ron Hays of RON
   Monday, October 2, 2017

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
USDARptsFeatured Story:
USDA Reports Offer Surprises on Friday Morning- Including a BIGGER Oklahoma Wheat Crop  
 
Corn and soybeans moved higher Friday after USDA lowered Sept. 1 stocks estimates. The agency said the 2016 soybean crop was smaller with summer corn feeding likely better too. The agency's stocks estimate for wheat was higher than trade guesses, implying lower summer feeding.

November soybeans were higher after the report. The size of the 2016 crop was cut 11 million bushels to 4.296 billion bushels. Harvest acres were down 40,000 and the yield fell one-tenth of a bushel per acre to 52 bushels per acre.

Sept. 1 soybean stocks of 301 million were even less than expected, suggesting an additional 18 million bushels of summer demand. This could come from a combination of statistical error, or crush and exports that were better than initial indications. USDA releases final data on crush and exports this week. 

The ending stocks number for the 2016 corn crop was also smaller than expected at 2.295 billion bushels. This suggests usage, likely for feed, was around 60 million bushels above earlier estimates. Historically- corn stocks are at levels not seen since the 1980s- with old-crop corn stocks at a 30-year record. That 2.2 billion bushel number was 32 percent higher than last year

USDA raised its forecast of 2017 wheat production by 2 million bushels to 1.741 billion. That was 17 million more than the trade anticipated. The Sept. 1 stocks figure of 2.253 billion bushels was 50 million bushels above the average trade guess. While this summer figure is tricky to interpret long term, it suggests summer feed usage was around 80 million bushels less than last year. Wheat was down 3 to 12.5 cents at midday.

The government said 787 million bushels of old crop corn were still stored on farm at the start of the 2017 marketing year, 25% higher than a year ago. Off-farm stocks were up 36%,

For soybeans, 88 million were still on farm, more than double last year's total. Off-farm stocks were up 38%.

Click here for the complete USDA Quarterly Grain Stocks Report.

MEANWHILE- we also got a Small Grains Summary for the 2017 growing season- and USDA upped the Oklahoma and Kansas 2017 wheat crops while there was a small decrease in the final Texas number.

For Oklahoma, the August Crop Report had Oklahoma pulling 90.75 million bushels off of 2.75 million acres- the September report raises the number of acres harvested as well as the yield per acre to get a higher final crop total- USDA now says we harvested 2.9 million acres at 34 bushels per acre to land at 98.6 million bushels. 

Kansas also has a bigger crop in September compared to the August report- Harvested acres were left at 6.9 million but the yield went up a bushel to 48 bushels per acre to edge Kansas from 324 million to 333 million bushels for 2017.

Click or tap here to check the Small Grains Summary for 2017- as released on Friday morning.


Sponsor Spotlight
 
 
As a premier John Deere dealer, P&K Equipment is your local expert source for John Deere equipment, parts, and service. The P&K network is 20-stores strong (10 in Oklahoma, 1 in Arkansas, 9 in Iowa) and has been in operation for more than 30 years. When you put the P&K team to work for you, you'll have a powerhouse of resources and inventory on your side. And if you check us out on the web at pkequipment.com, you'll have it all at your fingertips. New & used equipment (you can even request a quote or get a value for your trade!), current P&K promotions, service scheduling, online parts shopping, finance tools & so much more! Stop by and meet the team at P&K Equipment today- in stores or online. Because around here, John Deere starts with P&K. 


As part of a continuing series of stories on Significant Women in Oklahoma Agriculture, the Oklahoma Department of Agriculture, Food & Forestry and Oklahoma State University recognized this past week, Suzanna Gilbert, of Tecumseh, Okla.


Originally from the small town of Indianola, Gilbert grew up surrounded by a close-knit rural community, where she developed her devotion to agriculture and helping others.


From sponsoring numerous youth events through her three businesses to volunteering hundreds of hours each year, she's a giver, not a taker, and known by many as the "chronic volunteer."


Her laundry list of volunteer roles, includes her service as chair of the Oklahoma State FFA Foundation Board of Directors from 2008-2010 and is the first and only woman to serve in this capacity. She's been a member of this committee for 17 years. She's invested her time in Youth and Family Services, United Way of Pottawatomie County, Shawnee and Tecumseh Chamber of Commerce, and many more.


Twelve years ago she and her family started the Tecumseh Family Thanksgiving Dinner, which now serves more than 700 people each November.


Suzanne was recognized as the 2014 Oklahoma FFA VIP Award recipient, one of Journal Record's 50 Women Making a Difference in Oklahoma in 2016, and the 2011 Oklahoma 4-H Lifetime Volunteer of the Year. The Gilberts were also awarded as the 2017 Oklahoma Limousin Breeders Association Family of the Year.


Gilbert and her husband, Randy, run 120-head of Limousin and crossbred cattle on about 1,200 acres. The farm also produces 600-800 bales of hay each year.



Continue reading Gilbert's story about her life and what makes her a significant woman in agriculture, by clicking over to our website for her complete profile by ODAFF.

Whether you are talking about modern production agriculture for animals or crops, Dr. Gary Sides of Zoetis, says we need the current technologies of today to keep a rapidly growing world population fed. He told me in a recent interview that we as an industry, simply cannot go back to "the good ol' days."


"In the United States, if we use the same ag technology today as what we did in the 1950s, then we can only feed half of our current US population - just half!" he said. "On a global basis, we would need an additional 25 million sq. mi. of farmland, which is the land mass of South American. Not possible. People starve on an organic, natural diet. Technology is what feeds us all."


Despite this fact that Dr. Sides presents, companies continue to promote organic food labels and claim them to be healthier and more nutritious for consumers - and charge a premium for them. Dr. Sides takes issue with this practice on a question of these companies' ethics. Citing studies conducted in the UK, Sides says research shows there is no difference between organic and conventionally raised products, both nutritionally or health-wise. Sides remarks that farmers make up only one percent of the total population and it is up to that one percent to change the minds of everyone else - because no one else is going to defend the industry for them.


"It's up to our current producers," he said. "They need to take the step forward and engage in conversations lovingly and convincingly - tell folks what they do for a living so that what they eat is good for them and good for the environment."


Listen to our full conversation, as we discuss technology's role in agriculture's mission to feed the world, on Friday's Beef Buzz - click here.

The Cotton LEADS program boasts more than 470 member partners that invest in research and development and share their best responsible cotton production practices for the industry


"The Cotton LEADS program aims to influence cotton supply chain strategies by raising awareness of characteristics common to the U.S. and Australian cotton industries," says Adam Kay, CEO of Cotton Australia, a Cotton LEADS founding organization. "Our countries have responsible production practices, extensive regulations that protect the environment and people, the ability to affect positive changes at national scales-all combined with independent, scientifically-based measurement of environmental impacts and traceability."


Last week, the organization welcomed the leading global retailer, GAP Inc. to its ranks and applauded the apparel company's move to extend its commitment to sustainable raw material sourcing.


"Reducing the climate and water impacts of our product assortment and our global supply chain remain a key focus for us," says Melissa Fifield, senior director of Sustainable Innovation at Gap Inc. "The GHG reductions already achieved by cotton growers from Australia and the United States give us confidence that by partnering with the Cotton LEADS program we can encourage and support measurable, real reductions to help meet our sustainability goals."


Gap Inc., which includes Gap, Banana Republic, Old Navy and Athleta brands, previously announced a range of sustainability goals, including a 50 percent reduction of greenhouse gas emissions from their global operations by the end of 2020. In April, Gap brand committed to sourcing 100 percent of its cotton from more sustainable sources by 2021, and Athleta aims to use 80 percent sustainable fibers in Athleta apparel by 2020. 


Click here to read more about the Cotton LEADS program and GAP Inc.'s decision to join in order to advance their agenda of reducing the company's environmental impact.


Sponsor Spotlight

 
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
 
They would like to thank all of you who participated in their 2017 Oklahoma City Farm Show. 
 
 
Up next will be the Tulsa Farm Show in December 2017- the dates are December 7th, 8th and 9th.  Now is the ideal time to contact Ron Bormaster at 507-437-7969 and book space at the 2017 Tulsa Farm Show.  To learn more about the Tulsa Farm Show, click here.  


This past weekend, our Associate Farm Director Carson Horn had the opportunity to serve as a judge for Oklahoma 4-H's first ever Cupcake Wars, during the Oklahoma State Fair. Carson was joined there by Steve Thompson, director of government affairs for American Farmers & Ranchers, serving as a judge also. Carson took the chance encounter to speak with Thompson about AFR's recent fly-in to Washington, DC where they spoke with Oklahoma's delegation as well as other DC leaders, including Secretary of Agriculture Sonny Perdue, about agriculture's most pressing issues.


"We covered a variety of concerns we have with things you read about in the paper," he said. "Honestly, though, the biggest topic everywhere we went seemed to be the case that it's all about money."


Thompson says, AFR's biggest concerns about money, stem from two sources. One, being the President's budget proposal for USDA's program funding, which its drastic cuts he found "quite frightening." The other being next year's Farm Bill.


With the understanding that the Trump Administration intends to tighten belts in DC, Thompson said the AFR delegation strongly encouraged our leaders at the Capitol to do everything they could to protect the budget for all agricultural programs - insisting their constituents back home depend on them I=when it comes to sustaining their businesses.


Another concern held by AFR, is the issue of helping our neighbors affected by recent hurricanes.


"There's only so many ways you can stretch a dollar and we definitely want Congress and USDA to help out the folks along the coastal areas because the tornadoes and other things - we understand what that's like," Thompson said. "But, we're also worried about where that money might come from."


According to Thompson's account of their meeting with Secretary Perdue, "the Secretary said all the right things to assure that those producers hit by hurricanes would be taken care of - but that those emergency funds were not expected to come out of USDA's budget or appropriations currently allocated for Farm Bill programs."


Hear Thompson and Carson speak more about AFR's trip to Washington, DC, including their progress made on mitigating the Electronic Logging Device mandate's impact on ag and commercial trucking, by clicking or tapping here.
Want to Have the Latest Energy News Delivered to Your Inbox Daily?
 

Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.

 

WeatherMore Rain This Week and Lows in the 40s Next Week?
 
Jed Castles with News9 offers this nine day outlook for central and western Oklahoma- and it shows us a couple of things- more rain is in the mix this week- especially Wednesday- and then take a look at those overnight temps by early next week- 40s!



Meanwhile, Alan Crone with the News on 6 says 80s will be with us most of the week in Eastern Oklahoma- but clouds and rain may moderate those highs by the middle of the week in Green Country- click here for his Monday morning weather blog.


NortheyIbachUSDA Nominees Bill Northey, Gregory Ibach to be Considered by Senate Ag Committee This Week

The Senate Committee on Agriculture, Nutrition and Forestry has announced it will consider the nominations of Bill Northey and Gregory Ibach, who were tapped by President Donald Trump earlier this year for top posts at  the U.S. Department of Agriculture. 


President Trump tapped Northey, who is secretary of the Iowa Department of Agriculture, to be Undersecretary of Farm Production and Conservation.


Ibach, who is director of the Nebraska Department of Agriculture, was picked as Undersecretary for Marketing and Regulatory Programs. 


A hearing on the nominees has been scheduled by the Senate Ag Committee to take place on October 5th- that's this coming Thursday.
 
Click or tap here for the Senate Ag Committee's notification of the hearing- this is the link where you can watch the hearing on Thursday morning. 
FinalNotes
Final Notes- Ranchers Bull Sale from Express Ranches Happening This AM- and Congrats to the OSU Livestock Judging Team
 

Express Ranches will be offering 277 Angus Bulls, 45 Hereford Bulls and a lot more today at the ranch in Yukon as they hold their annual Ranchers Bull Sale - the sale starting at 11 AM.

You can can go and check the Sale Catalog, Videos of the Bulls being offered and all of the supplement sheets on their website- click or tap here to jump there.

************* 
 
We got a text from OSU Livestock Judging Team Coach Blake Bloomberg last night that the OSU Livestock Judging Team was the Overall Champion at the AKSARBEN Livestock Show in Grand Island, Nebraska.

Blake says the team won in the Cattle, Sheep, Goats and in giving Reasons.

Top individual overall was OSU's Jennifer Bedwell while Lonnie Trehal was second overall,  Jessica Judge was third overall and Justin Jensen was fifth overall.

Congrats to the Cowboys!
Our thanks to Midwest Farms Shows, P & K EquipmentAmerican Farmers & Ranchers, Livestock Exchange at the Oklahoma National StockyardsOklahoma Farm BureauStillwater Milling Company, Oklahoma AgCreditthe Oklahoma Cattlemens Association, and  KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- at NO Charge!


We also appreciate our Market Links Sponsor - OKC West Livestock! 
 
 
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.   
 

 
God Bless! You can reach us at the following:  
 
phone: 405-473-6144
 

 



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